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Corporate Sales Manager - Employee Benefits - Insurance

Corporate Sales Manager - Employee Benefits - Insurance

IMR SoftMumbai, India
30+ days ago
Job description

Job Corporate Sales Manager - EB Sales will be responsible for driving new business acquisition and managing key client relationships within the employee benefits segment.

This role requires a strong understanding of various employee benefits products (e.g., group health insurance, group term life, group personal accident, superannuation, gratuity, voluntary benefits), excellent consultative selling skills, and a proven track record of achieving sales targets in a B2B environment.

The ideal candidate will be a strategic thinker with a passion for building long-term client partnerships and delivering tailored solutions that meet their unique needs.

Key Business Development :

  • Identify, prospect, and acquire new corporate clients for employee benefits solutions.
  • Develop and execute strategic sales plans to achieve and exceed assigned sales targets and revenue goals.
  • Conduct thorough needs analysis with prospective clients to understand their current employee benefits landscape, challenges, and objectives.
  • Prepare and deliver compelling presentations, proposals, and pitches to C-suite executives, HR heads, and key decision-makers.
  • Negotiate and close deals, ensuring profitability and adherence to company Relationship Management :
  • Cultivate and maintain strong, long-lasting relationships with key stakeholders within client organizations.
  • Act as a trusted advisor to clients, providing expert guidance on employee benefits trends, regulatory changes, and optimal plan design.
  • Ensure high levels of client satisfaction through proactive engagement, timely service, and effective issue resolution.
  • Identify opportunities for cross-selling and up-selling additional benefits products and Intelligence & Product Knowledge :
  • Stay abreast of industry trends, competitor activities, market dynamics, and regulatory developments

in the employee benefits space.

  • Maintain an in-depth understanding of the company's full suite of employee benefits products and services.
  • Provide feedback to product development and marketing teams based on client needs and market Operations & Reporting :
  • Manage sales pipeline effectively using CRM tools, ensuring accurate forecasting and reporting.
  • Prepare regular sales reports, forecasts, and performance reviews for management.
  • Collaborate with internal teams (underwriting, operations, claims, service) to ensure seamless client onboarding and service Master of Business Administration (MBA) is mandatory.
  • Experience : 4-6 years of progressive experience in corporate sales, with a significant focus on Employee Benefits (EB) sales within the insurance, brokerage, or financial services industry.

    Domain Expertise : Proven understanding of various employee benefits products, their features, benefits, and market positioning.

    Sales Track Record : Demonstrated ability to consistently meet or exceed sales targets and drive revenue growth.

    Skills & Competencies :

  • Exceptional Communication : Strong verbal, written, and presentation skills with the ability to articulate complex concepts clearly and persuasively.
  • Negotiation & Influencing Skills : Proven ability to negotiate effectively and influence decision-makers at all levels.
  • Strategic Thinking : Ability to develop and execute effective sales strategies and manage a complex sales cycle.
  • Client Focus : A genuine commitment to understanding client needs and delivering superior service.
  • Analytical Skills : Ability to analyze data, identify trends, and make informed business decisions.
  • Relationship Building : Natural ability to build rapport and establish trust with clients and colleagues.
  • Self-Motivated & Resilient : Highly driven, proactive, and able to work independently while also being a strong team player.
  • Tech Proficiency : Proficient in using CRM software (e.g., Salesforce), Microsoft Office Suite (Word, Excel, PowerPoint).
  • (ref : iimjobs.com)

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